Navy cancels Reliance Naval's Rs 2,500-cr NOPV contract

The Indian Navy has cancelled Reliance Naval and Engineering Ltd's (RNEL) Rs 2,500-crore naval offshore patrol vessels (NPOVs) contract, owing to delay in delivery of the vessels, according to......

Will defence ministry okay Anil Ambani's Reliance Naval?

Warship building projects worth at least Rs 630 billion have ground to a standstill.The defence ministry has halted tendering in wait for a government decision on whether to allow, or to exclude,......

Reliance Defence to service US Navy's Seventh Fleet

Months after India and the United States signed a key logistics pact, Reliance Defence and Engineering on Monday announced an agreement with the American Navy for repair and alteration services for......

What will IAF do with Air India's A-320s?

The airliners will be withdrawn from Air India, sent to France to fit airborne radars, then handed over to DRDO to be integrated with the complex software that will allow these aircraft to function......

Pipavav Shipyard: Jhunjhunwala likely to buy stake

Billionaire investor Rakesh Jhunjhunwala is likely to pick up stake in Nikhil Gandhi-promoted Pipavav Defence and Offshore Engineering Company Ltd (Pipavav Shipyard) through convertible share......

Rajesh Dhingra: Anil Ambani's go-to man for defence foray

Dhingra joined the group in January this year from Lockheed Martin India, where he was managing directorRajesh Dhingra, a former Indian Air Force officer, is now set to fight a different battle. As......

Reliance Defence aims to export naval, military equipment

Anil said the company is in the process of signing a contract with the Indian Coast Guard for the first defence order for 14 fast patrol vessels Reliance Defence and Engineering is also looking to......

Govt's swadeshi push attracts India Inc

With the Indian economy slowing down, top companies are now eyeing the 'recession-proof' defence sector to prop up their top line. Indian companies like Larsen and Toubro, Reliance Industries Ltd......